Northrop Grumman Announces $1 Billion Notes Offering

Northrop Grumman ( (NOC) ) has provided an announcement.

On May 27, 2025, Northrop Grumman announced the pricing of a $1.0 billion underwritten public offering of senior unsecured notes, consisting of $500 million of 4.650% notes due 2030 and $500 million of 5.250% notes due 2035. The proceeds are intended for general corporate purposes, including debt repayment, share repurchases, and working capital, with the offering expected to close on May 29, 2025, subject to customary conditions.

The most recent analyst rating on (NOC) stock is a Buy with a $587.00 price target. To see the full list of analyst forecasts on Northrop Grumman stock, see the NOC Stock Forecast page.

Spark’s Take on NOC Stock

According to Spark, TipRanks’ AI Analyst, NOC is a Outperform.

Northrop Grumman’s overall score reflects solid financial foundations and a balanced earnings call. While technical indicators show some short-term challenges, the company’s valuation remains reasonable. Key strengths include profitability and a strong backlog, though challenges in revenue growth and recent losses weigh on the outlook.

To see Spark’s full report on NOC stock, click here.

More about Northrop Grumman

Northrop Grumman is a leading global aerospace and defense technology company, providing pioneering solutions that equip customers with capabilities for global connectivity, protection, and human exploration across the universe.

Average Trading Volume: 1,189,845

Technical Sentiment Signal: Buy

Current Market Cap: $68.43B

Learn more about NOC stock on TipRanks’ Stock Analysis page.